Whilst the Club has been focusing on Member-specific approach in the recent years, the Board of Directors has mandated an overall target increase of 8% across all mutual classes for 2026 in order to face inflationary pressure on claims and volatility of large claims at Pool level.
In addition, all deductibles equal or below USD25,000 per claim will be increased by USD1,000 in each instance.
Changes to the IG reinsurance costs will be charged separately and additionally to the Members
Release calls:
- 2026-27: 20%
- 2025-26: 20%
- 2024-25: 35%
- 2023-24: 15%
Full details of the Club’s renewal position are included in the Club’s circular.
